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Technology Stocks : SYQUEST -- Ignore unavailable to you. Want to Upgrade?


To: MoonBrother who wrote (5671)2/28/1998 8:56:00 AM
From: Rick Kempf  Read Replies (2) | Respond to of 7685
 
I noticed the syqt listing predicts annual eps @ 0.20 and a P/E on the eps estimate of 13. It is refreshing to see positive numbers showing up in the papers now! Could this have something to do with the high volume yesterday? Comments?

Rick



To: MoonBrother who wrote (5671)2/28/1998 10:04:00 AM
From: jach  Read Replies (2) | Respond to of 7685
 
<<Those 11mil shares of shorts are among the scariest people on the
world this weekend. If half of them are forced to cover between $3 to $4, we will have
powerful base for SYQT>>

hard to understand the logic for people who short 2, 3$ stocks. There is not much to gain and the potential loss is unlimited. For stocks that are in very high-growth areas such as syqt, things can turn positive in a short time frame. One is looking at very large % of lost if these 2-3$ stocks go up just a few dollars. In high-tech arena, there are many cases and not uncommon to see certain products or technologies took-off and boosting the related stocks to large multiple gains. Imagine syqt going up just to 10$, and it can happen in the type of potential mkt where there are zillions of PCs.



To: MoonBrother who wrote (5671)2/28/1998 5:24:00 PM
From: Dale Stempson  Read Replies (1) | Respond to of 7685
 
MoonBrother, I enjoyed reading your "Short Term Moving Potential Analysis." While one could argue many of your conclusions, the bottom line is we're all pretty much guessing when it comes to predicting short term moves.

You summed up your post with "Now you have it. SYQT has the momentum, volume, cheap stock price, publicity and great products. What else you need to move it upward! Based on this analysis, I'm confident that SYQT will overcome $3 for sure, reach $3.5 very likely, and hit $4 possibly in one or two weeks!"

Assuming no news, FWIW, my guess is that SYQT will trade in a 1 point range between 2-1/8 and 3-1/8 over the next two weeks, spending most of its time at 2-5/8. I'll be buying below 2-3/8 and selling above 2-5/8.

Good Luck to you. Regards - Dale